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Franklin Springs, Georgia

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,108
Population
$75,729
Median Income
$207,500
Home Value
22.9
Median Age

Demographics

Franklin Springs has a population of 1,108 with a median age of 22.9. Here is the racial and ethnic breakdown of the population:

White
66.2%
Black
18.3%
Hispanic
7.9%
Other
4.7%
Asian
2.9%
Demographic Value
Total Population1,108
Median Age22.9
White66.2%
Black or African American18.3%
Asian2.9%
Hispanic or Latino7.9%
Other / Two or More Races4.7%
Franklin Springs, Georgia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 66.2%Black: 18.3%Hispanic/Latino: 7.9%Other: 4.7%Asian: 2.9%1,108PopulationWhiteWhite66.2%BlackBlack18.3%Hispanic/LatinoHispanic/Latino7.9%OtherOther4.7%AsianAsian2.9%

Income & Economy

The median household income in Franklin Springs is $75,729, which is 6.1% below the national median of $80,610. The per capita income is $29,143. The poverty rate is 9.3%.

$75,729
Median Household Income
$29,143
Per Capita Income
9.3%
Poverty Rate

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Education

In Franklin Springs, 96.3% of residents age 25+ have a high school diploma or higher, and 29.2% hold a bachelor's degree or higher (14.3% with a graduate or professional degree).

HS Diploma+
96.3%
Bachelor's+
29.2%
Graduate+
14.3%
Education Level % of Adults (25+)
High School Diploma or Higher96.3%
Bachelor's Degree or Higher29.2%
Graduate or Professional Degree14.3%

Housing

The median home value in Franklin Springs is $207,500, below the national median of $303,400. The median monthly rent is $939. The homeownership rate is 55.3%.

$207,500
Median Home Value
$939/mo
Median Rent
55.3%
Homeownership Rate
Housing Metric Value
Median Home Value$207,500
Median Monthly Rent$939
Homeownership Rate55.3%
Vacancy Rate13.9%

Salaries in Georgia

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Frequently Asked Questions

What is the population of Franklin Springs, Georgia?
The population of Franklin Springs, Georgia is 1,108 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Franklin Springs, Georgia?
The median household income in Franklin Springs, Georgia is $75,729. This is 6.1% below the national median of $80,610.
What is the median home value in Franklin Springs, Georgia?
The median home value in Franklin Springs, Georgia is $207,500. The median monthly rent is $939.
What percentage of people in Franklin Springs have a college degree?
In Franklin Springs, Georgia, 29.2% of adults age 25 and older hold a bachelor's degree or higher, and 96.3% have a high school diploma or higher.
Is Franklin Springs, Georgia an affordable place to live?
The home price-to-income ratio in Franklin Springs, Georgia is 2.7x (median home value $207,500 vs. median income $75,729), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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